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China Shengmu Organic Milk Ltd ( (HK:1432) ) just unveiled an update.
China Shengmu Organic Milk Ltd has announced the renewal of its Raw Fresh Milk Supply Framework Agreement with Inner Mongolia Mengniu, a subsidiary of China Mengniu, for a three-year term starting from January 2026. This agreement, which is subject to shareholder approval due to its significant financial implications, underscores the company’s ongoing strategic partnership with China Mengniu and highlights its role as a key supplier in the organic milk sector.
The most recent analyst rating on (HK:1432) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Shengmu Organic Milk Ltd stock, see the HK:1432 Stock Forecast page.
More about China Shengmu Organic Milk Ltd
China Shengmu Organic Milk Ltd is a company involved in the dairy industry, primarily focusing on the production and supply of organic milk. The company is known for its commitment to providing high-quality, fresh milk products and has a significant presence in the Chinese market.
YTD Price Performance: 95.27%
Average Trading Volume: 14,021,553
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.77B
Find detailed analytics on 1432 stock on TipRanks’ Stock Analysis page.